Healthy Life Agritec EGM Outcome: MOA Alteration Approved on May 02, 2026
Healthy Life Agritec Limited successfully conducted an EGM on May 02, 2026, where shareholders approved the alteration of both the Capital Clause and Objects Clause of the Memorandum of Association through Ordinary and Special resolutions respectively. The authorized share capital was increased to Rs. 100 crore divided into 10 crore equity shares of Rs. 10 each, while the objects clause was expanded to include comprehensive food processing and beverage manufacturing activities across domestic and international markets.
*this image is generated using AI for illustrative purposes only.
Healthy Life Agritec Limited conducted an Extra-Ordinary General Meeting (EGM) on Saturday, 02nd May, 2026, at 12:30 p.m. (IST) through video conferencing and other audio-visual means. The meeting was held in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Divya Mojjada, Managing Director of the company, chaired the proceedings, which were attended by 7 panellists and 18 members.
The members of the company approved the "Alteration of the Capital Clause" and "Alteration of the Objects Clause" of the Memorandum of Association at the EGM by way of passing an Ordinary Resolution and Special Resolution respectively dated May 02, 2026. The amendments were made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, as updated on January 30, 2026 as Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.
| Sl. No. | Description of Resolution | Type of resolution |
|---|---|---|
| 1 | Approval for Increase in Authorised Share Capital and Subsequent Alteration of Capital Clause of The Memorandum of Association (MOA) of the Company. | Ordinary Resolution |
| 2 | To Alter the Object Clause of the Memorandum of Association of the Company. | Special Resolution |
The authorized share capital of the company has been amended to Rs. 100,00,00,000 (Rupees Hundred Crore only) divided into 10,00,00,000 (Ten Crore) Equity Shares of Rs. 10/- (Rupees Ten Only) each. The objects clause was modified to include expanded business activities for processing, manufacturing, and trading of various food products including drizzle, chutney, ketchup, mayonnaise, spreads, dressings, dips, sauces, butter, toppings, and syrups. Additionally, the company's scope now covers all kinds of beverages including fruit juices, vegetable juices, cold-pressed juices, ready-to-serve beverages, health drinks, energy drinks, sports drinks, flavored water, coconut water, carbonated drinks, soft drinks, mineral water, packaged drinking water, herbal drinks, nutraceutical beverages, and fortified drinks in India and abroad.
Remote e-voting was conducted from Wednesday, April 29, 2026, at 9.00 a.m. (IST) to Friday, May 01, 2026, at 5.00 p.m. (IST), with e-voting also available during the meeting. The company engaged CDSL as the authorized agency for e-voting, and Mr. Sumit Bajaj, Practicing Company Secretary (M. No: A45042), was appointed as the scrutinizer. The voting results along with the Scrutinizer's Report will be made available on the company's website within two working days and forwarded to BSE Limited. The meeting concluded with a vote of thanks at 12:45 p.m.
Historical Stock Returns for Healthy Life Agritec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.96% | -15.69% | +10.34% | -51.08% | -82.40% | +27.26% |
What specific acquisition or expansion plans does Healthy Life Agritec have in mind that necessitated increasing authorized share capital to ₹100 crore?
How will the company's entry into processed foods and beverages impact its competitive positioning against established players like Dabur, Patanjali, and ITC?
What timeline has the company set for launching its new food processing and beverage manufacturing operations?
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